Question
“RBI tightens Rules for JLFs” was the headline
recently in many newspapers. What does JLF stands for?Solution
JLFs are meetings held to revitalise stressed assets. In JLF banks attempt to red-flag stress early and check them by putting in place a corrective action plan (CAP). Â RBI has lowered the threshold needed for implementing the corrective action plan (CAP). Now, the decisions agreed to by a minimum of 60% of creditors by value and 50% of creditors would now be valid to implement the CAP. Decision taken by the JLF would be binding on all other lenders.Â
If CORRUPTION is coded as 9 and ALLEGATIONS as 10, then what is the code for INCREASING?
- In which ocean is the world's deepest point, the "Mariana Trench," located?
Match the following with professions:
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Orphan drugs are used to treat which kind of diseases?
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The Indian Councils Act of 1909 is popularly known as what?
The birth anniversary of Lord Jhulelal of the Sindhi community is also known as ________.